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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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Beware of Real Estate…the Reality is Worrying

Delay that purchase of Real Estate by a few months…Developers and Builders are on the edge…final straw would be lack lustre Festival Sales in October and November this year…post Diwali you will see a significant drop in Real Estate Prices across towns and cities…you’re already getting resales at 30% lower than Developer’s price in the …

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Fantastic Q1 FY 09 for Iron Ore Companies Sandur Manganese and Sesa Goa

Both Iron Ore Producers,Sandur Manganese and Sesa Goa have turned in mind boggling Q1 Results…yet Mr S Y Ghorpade, Chairman &  Managing Director of Sandur says that the Rising Prices of Iron Ore may not sustain  while Mr P K Mukherjee,Managing Director of Sesa Goa says the record US $ 140/T FOB Mangalore is indicative of things to come …

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Rain Commodities @ Rs 220 and Goa Carbon @ Rs 116 on a bull run

Calcined Petroleum Coke Producers,Rain Commodities and Goa Carbon are on a bull run as prices of CPC reach new highs of US $ 700/t…..Both Companies are available at just Two Forward Multiple for Current Year as they should register an EPS of Rs 100 and Rs 50 respectively for FY 09…A stupendous first quarter points to exciting …

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Go ‘Sesa’ Goa at Rs 3330 CB/CS…goes XB/XS on August 8,2008

Check out my earlier Blog on Sesa Goa….It looks a great buy and is available till Thursday,August 7,2008 Cum Bonus 1:1 and Cum Sub Division 10:1…..Today’s closing of Rs 3330 gives a theoretical XB/XS price of Rs 167 For every  One Share of Face Value of Rs 10 you will buy till August 7,2008 your demat …

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Watch out for RNRL…From Rs 74 to Rs 101 in a week !

RNRL surged over 11% today from a close of below Rs 90 yesterday to close at above Rs 100 today……It was Rs 74 a week ago just before the Trust Vote on the Nuclear Deal in Parliament BSE Volumes today were 3.88 crore shares (Rs 375 crores) which interestingly is more than One crore shares from the …

Watch out for RNRL…From Rs 74 to Rs 101 in a week ! Read More »

Ambani Brothers at loggerheads even before their Father Died in 2002

My eyes wandered to a headline in todays Economic Times that RAM JETHMALANI is to take on RIL. He will represent RNRL in their legal battle with RIL who is being represented by HARISH SALVE…..the dispute is that RIL is refusing to abide by an agreement of 2005 between the two Ambani Brothers ,when the Reliance Group was divided between the …

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